LOCALNEWSDETROIT.COM: Breaking News - Latest of The Hour 03:32 2019-07-03

Morgan Stanley cuts long-term Brent price view after OPEC supply cuts

Morgan Stanley lowered its long-term Brent price forecast on Tuesday and said the oil market is broadly balanced in 2019 after OPEC and its allies including Russia agreed to extend their production......

Morgan Stanley cuts long-term Brent price view after OPEC supply cuts

Source: reuters.com

Brent oil firms above $70 as OPEC cuts and sanctions outweigh economic concerns Brent crude oil prices consolidated above $70 per barrel on Tuesday as supply cuts led by producer club OPEC and U.S. sanctions on Iran's and Ve...
02:48 2019-05-28

OPEC supply cuts are likely to be extended: S&P Global Platts Kang Wu of S&P Global Platts says the Organization of the Petroleum Exporting Countries is likely to sustain its production cuts for 2019 and that wi...
08:32 2019-06-28

OPEC extends supply cuts until March 2020 OPEC agreed to extend production cuts by nine months as the Middle East-dominated producer group overcame their differences to endorse a policy desig...
16:16 2019-07-02

Oil prices rise on likelihood of ongoing OPEC+ supply cuts Oil prices rose on Monday after Saudi Arabia said OPEC and Russia were likely to keep withholding supplies, and in relief that the United States and ...
23:32 2019-06-09

Oil prices rise amid OPEC supply cuts, but trade worries weigh Oil prices advanced on Monday as ongoing supply cuts led by producer club OPEC kept markets relatively tight, but international benchmark Brent remai...
02:16 2019-05-27

OPEC weighs nine more months of oil production cuts The Organization of the Petroleum Exporting Countries, also known as OPEC, is expected to keep oil production cuts in place for another nine months i...
17:16 2019-07-01

New OPEC-Russia Pact on Oil Cuts Could Last Well Into 2020 OPEC and its Russia-led allies are likely to extend their deal to cut output by nine months, Saudi’s energy minister said, a sign that some major cru...
04:01 2019-07-01

Oil rises more than 2% on firm yuan, expectations of more OPEC cuts Oil jumped more than 2% on Thursday on expectations that falling prices could lead to production cuts, coupled with a steadying of the yuan currency ...
21:00 2019-08-08

Oil Edges Higher on OPEC Cuts, Iran Tensions U.S. oil prices rose to their highest level in nearly three weeks Monday on continued U.S.-Iran tensions and as major crude producers, including Saud...
11:48 2019-05-21

Oil steadies on OPEC cuts, but oversupply fears persist Oil prices steadied on Monday as OPEC extended supply cuts until March 2020 during a meeting in Vienna, but prices pared gains as oversupply worries ...
13:16 2019-07-01

Oil jumps 2.5% due to firm yuan, expectations of more OPEC cuts Oil jumped more than $1 a barrel on Thursday on expectations that falling prices could lead to production cuts, coupled with a steadying of the yuan ...
09:48 2019-08-10

Oil dives 4% on demand worries even as OPEC, allies extend cuts Oil prices fell more than 4% on Tuesday, even after OPEC and allies including Russia agreed to extend supply cuts until next March, as weak manufactu...
17:32 2019-07-02

OPEC agrees to extend current production cuts by 9 months OPEC agreed to extend supply cuts by nine months after several members of the Middle East-dominated producer group endorsed a policy designed to supp...
18:32 2019-07-01

Oil falls on demand worries even as OPEC, allies extend cuts Oil prices slipped on Tuesday as concerns that the global economy could be slowing outweighed an agreement by OPEC and allies, including Russia, to e...
11:32 2019-07-02

Oil prices fall as OPEC+ talks output compliance, not cuts Oil prices fell on Thursday as a meeting of the OPEC+ alliance yielded no discussion about deepening supply cuts but focused instead on bringing Nige...
09:32 2019-09-12

Oil prices rise on Iran tensions, OPEC output cuts Oil futures rose on Friday as tensions over Iran and an extension to output cuts by OPEC and its allies boosted prices, but mixed economic data limit...
15:48 2019-07-05

Oil Leads Commodities' Rally on Trade Truce, OPEC Cuts Commodity prices rose after the U.S. and China agreed to restart trade negotiations, reflecting investors’ cautious relief surrounding relations betw...
06:48 2019-07-01

Saudis Back OPEC Output Cuts, Despite Tanker Attacks Saudi Arabia is set to push for OPEC to cut oil output in the second half of the year, as signs of slowing global demand for crude outweigh threats o...
03:48 2019-06-18

Instant view: OPEC's nine-month oil output curb boosts price outlook, shale OPEC ministers on Monday agreed to extend the oil producers' group supply cuts until early 2020 to prop up crude prices and offset the risk of a mark...
17:48 2019-07-01

Oil up more than 1% on Mideast tensions and supply cuts Oil prices rose more than 1% on Monday, supported by Middle East tensions and OPEC-led supply cuts as well as continued crude disruptions from Russia...
20:32 2019-05-27

UPDATE 7-Oil falls on demand worries even as OPEC, allies extend cuts Oil prices slipped on Tuesday as concerns that the global economy could be slowing outweighed an agreement by OPEC and allies, including Russia, to e...
10:48 2019-07-02

New Saudi energy minister: a royal with decades of experience in OPEC cuts When former Saudi oil minister Ali al Naimi crushed oil prices in 2014 by adding to global oversupply, one man in the kingdom stood firmly against th...
01:48 2019-09-09

Oil prices climb as OPEC extends cuts, but demand worries persist Oil gained on Tuesday as producer club OPEC agreed to extend supply cuts until next March, although prices were pressured by worries demand could eas...
04:16 2019-07-02

UPDATE 2-Continental Resources CEO urges OPEC, shale oil output cuts OPEC and U.S. shale producers should reduce crude shipments into an oversupplied market, Continental Resources Chief Executive Harold Hamm said on Tu...
19:48 2019-08-13

OPEC weighs extension of output cuts amid slackening demand VIENNA (AP) — The oil producers’ cartel, OPEC, is considering a six- to nine-month extension of its current deal to cut production, facing a we...
07:32 2019-07-01

OPEC cuts 2020 oil demand forecast, urges effort to avert new glut OPEC on Wednesday cut its forecast for growth in world oil demand in 2020 due to an economic slowdown, an outlook the producer group said highlighted...
13:16 2019-09-11

Oil jumps on Saudi, Russia support for supply cuts Oil prices rose more than $1 a barrel on Monday after Saudi Arabia, Russia, Iraq backed an extension of supply cuts for another six to nine months ah...
01:16 2019-07-01

Oil prices steady as Saudi Arabia indicates prolonged supply cuts Oil prices steadied on Monday, supported by Saudi Arabia's comments indicating OPEC and its allies would continue to tighten the crude market followi...
13:32 2019-06-03

Oil prices ease as demand worries counter supply cuts Oil prices drifted lower on Tuesday, as weak global data raised concerns about future demand for the commodity despite a positive boost from OPEC's d...
00:32 2019-07-02

Oil prices steady on extended supply cuts, U.S. stocks draw Oil prices edged higher on Wednesday after a steep fall in the previous session, supported by extended output cuts by OPEC and its allies despite con...
23:00 2019-07-02

Oil prices steady on extended supply cuts, US stocks draw Oil prices edged higher on Wednesday after a steep fall in the previous session, supported by extended output cuts by OPEC and its allies despite con...
02:32 2019-07-03

Oil rises to $69 as Mideast tension and supply cuts offset trade concerns Oil rose to about $69 a barrel on Monday, supported by Middle East tensions and OPEC-led supply cuts, though concern over the U.S.-China trade disput...
09:16 2019-05-27

Oil rises on supply cuts, Mideast tensions; trade worries cap gains Oil futures rose on Tuesday as Middle East tensions and OPEC supply cuts kept global benchmark Brent crude above $64 a barrel, while gains were limit...
16:48 2019-07-09

Oil rises as Saudi sees producers sticking with ongoing supply cuts Oil prices rose on Monday after Saudi Arabia said producer club OPEC and Russia should keep supplies restricted at current levels, and in relief that...
01:32 2019-06-10

JP Morgan cuts ties with OxyContin maker Purdue Pharma Purdue, owned by the wealthy Sackler family, faces thousands of lawsuits claiming that the company marketed addictive painkillers while underplaying ...
19:48 2019-05-23

Fitbit cuts 2019 revenue view, stock drops to record low Fitbit cut its 2019 revenue forecast, blaming disappointing sales of its cheapest smartwatch Versa Lite, sending its shares tumbling to a record low....
03:16 2019-08-01

Instant view: Fed holds interest rates steady, sets up for cuts The U.S. Federal Reserve held interest rates steady on Wednesday but signaled possible rate cuts of as much as half a percentage point over the remai...
15:00 2019-06-19

Oil prices pressured by economic slowdown, but Saudi commitment to supply cuts supports Oil prices were pressured on Tuesday by an economic slowdown that has started to impact fuel consumption, although some support came from a Saudi Ara...
03:48 2019-06-04

U.S. House subcommittee cuts F-35 spare parts request amid supply problems A U.S. House subcommittee wants to approve only half the Pentagon's spare parts purchase requests for F-35s in the 2020 budget plans as it looks for ...
17:16 2019-05-21

12-month supply of birth control pills cuts unintended pregnancies, cost When women are given a 12-month supply of oral contraceptives, they are less likely to have an unintended pregnancy than if they need to get refills ...
19:32 2019-07-08

UPDATE 2-JP Morgan cuts Venezuela debt from popular bond benchmarks JP Morgan will cut Venezuela's sovereign and state oil firm PDVSA's bonds to 'zero weight' in its widely-followed debt indexes over the next five mon...
13:48 2019-07-09

Amneal cuts forecast as epinephrine shot supply issues linger, shares slump 36% Shares of Amneal Pharmaceuticals Inc plunged 36% to an all-time low on Wednesday after the generic drugmaker cut its 2019 core earnings forecast due ...
02:16 2019-07-11

UPDATE 2-Mosaic cuts profit view; cites bad weather, weak phosphate margins U.S. fertilizer company Mosaic Co cut its full-year earnings forecast and posted a lower-than-expected profit, as rains and flooding in the United St...
12:48 2019-08-06

Fitbit cuts 2019 revenue view, Versa Lite sales lag; shares tank Wearable device maker Fitbit Inc cut its 2019 revenue forecast on Wednesday, blaming disappointing sales of its newly launched cheapest smartwatch V...
17:32 2019-07-31

UPDATE 3-Amneal cuts forecast as epinephrine shot supply issues linger, shares slump 35% Shares of Amneal Pharmaceuticals Inc plunged 35% to an all-time low on Wednesday after the generic drugmaker cut its 2019 core earnings forecast due ...
11:48 2019-07-10

UPDATE 4-Amneal cuts forecast as epinephrine shot supply issues linger, shares slump 36% Shares of Amneal Pharmaceuticals Inc plunged 36% to an all-time low on Wednesday after the generic drugmaker cut its 2019 core earnings forecast due ...
18:32 2019-07-10

New Motorola Moto G7 series price cuts are available now at Best Buy Since Motorola launched the Moto G7 smartphone series in the US some months back, all G7 models have seen price cuts at some point or another. Now, t...
17:32 2019-06-29

Volkswagen cuts price of e-Golf by £2765 Price of five-year-old electric hatchback has been reduced to come in line with that of the imminently arriving ID 3 Volkswagen has reduced the pric...
04:16 2019-08-31

Motorola Moto Z4 gets early price cuts at Best Buy Yesterday, after Motorola announced the Moto Z4 - the only Moto Z of this year - the company started taking pre-orders for the phone's unlocked varia...
13:32 2019-05-31

Tesla cuts the price of the Models S and Model X Tesla Tesla has lowered the US base prices of its two most expensive models, the Model S sedan and Model X SUV. The electric carmaker's price cuts c...
20:32 2019-05-21

New Motorola Moto G7 series price cuts available now Since Motorola launched the Moto G7 smartphone series in the US some months back, all G7 models have seen price cuts at some point or another. Now, t...
16:32 2019-06-30

There’s another Disney+ deal that cuts the price to less than $5 per month There’s no two ways about it, Disney+ as it’s officially structured already offers a great deal for subscribers. Given all the content th...
21:16 2019-09-09

PG&E negotiates price cuts on five solar, battery contracts PG&E Corp on Thursday told a U.S. bankruptcy judge that it had reached agreements to cut prices by at least 10% on five power contracts, according t...
21:16 2019-08-01

Tom Brokaw dramatically cuts price of vacation home Legendary journalist Tom Brokaw has cut the price of his Pound Ridge, NY, vacation home to $4.25 million. This is a significant reduction from when t...
14:48 2019-06-20

Google cuts the price of all Pixel Slate models by $200 The Chrome OS powered Google Pixel Slate was launched last year. The cheapest model, when the tablets were released, was one powered by an Intel Cele...
03:32 2019-05-27

4K TV deals at Walmart: price cuts on Samsung, LG, Vizio, and more If you missed out on Amazon Prime Day this year, you still have time to snag some killer deals. Walmart's competing 'The Big Save' sal...
17:16 2019-07-17

Deutsche Bank ready for more cuts as share price sags FRANKFURT, Germany (AP) — The CEO of Deutsche Bank says he is ready to make “tough cuts” as he aims to strengthen the struggling bankR...
09:32 2019-05-23

Apple shares slide as HSBC cuts price target Apple shares were down 3% in early deals Monday after HSBC cut the tech giant's price target over fears of its exposure to the trade war between...
12:16 2019-05-21

Gown designer’s Beekman Place pad cuts price a third time A 1 Beekman Place duplex that was once home to the late fashion designer Arnold Scaasi and the late literacy advocate Parker Ladd has been back on th...
21:32 2019-06-19

AMD fires back at 'Super' NVIDIA with Radeon RX 5700 price cuts AMD just unveiled its new Radeon RX 5700 line of graphics cards with 7nm chips at E3 last month, and with just days to go before they launch on July ...
20:16 2019-07-05

A Crypto Miner Cuts Costs and Rides Bitcoin's Price Rise Hut 8 Mining, a Canadian firm that deals in bitcoin, has returned to profitability, offering a unique look at the impact of the recent rally in the c...
16:00 2019-08-28

Dell laptops get big price cuts for today's Mega Deals event Dell's Black Friday in July event is running throughout the month, and every day this week there are extra 'Mega Deals' that run for o...
09:16 2019-07-18

Walmart's TV sale includes massive price cuts from LG, Sony, Vizio, and more If you didn't snag a discounted TV during Amazon's Prime Day sale, then you're in luck. Walmart's summer clearance sale is in ful...
15:32 2019-07-24

Sky TV deals: Sports, Cinema and broadband bundles get huge price cuts - save over £250 What do you mean you've not sorted a Sky TV deal yet to get your Sky Sports fix? Not to worry, as there's still time to take advantage of o...
14:16 2019-08-11

Pre Prime Day deals at Walmart include price cuts on Google Home devices While Prime Day deals haven't officially begun, Walmart is slashing prices right now on its best-selling Google Home devices. For a limited time...
15:48 2019-06-18

A US-China trade deal isn't likely at the G-20 summit this month, JP Morgan and Morgan Stanley say The rhetoric from China and the U.S. has worsened to a point where it's appearing improbable there would be a trade deal anytime soon, experts s...
06:32 2019-06-03

John Lewis broadband deals alert: cheap bills, gift cards and price cuts You may know it as the high street brand, dropping impressive retail discounts left, right and centre. But did you know John Lewis does broadband dea...
04:16 2019-09-07

Pre-Prime Day price cuts on the Fitbit Alta, Alta HR, and Blaze smartwatch at Amazon Amazon Prime Day is a fantastic time to find savings on activity trackers, and we've discovered some pre-Prime Day deals from Fitbit that you ca...
21:16 2019-07-05

Google Home and Home Max get limited-time discounts on top of permanent price cuts Google made some interesting (and confusing) changes to its smart speaker lineup recently, unveiling the extra-large Nest Hub Max and rebranding the ...
00:16 2019-06-04

Fitbit sale at Amazon: price cuts on the Fitbit Charge 3 and Alta HR If you're looking for a killer deal on a Fitbit activity tracker, then today is your lucky day. Amazon has the feature-rich Charge 3 on sale for...
22:00 2019-06-18

OPEC may need to cut supply again: Credit Suisse Saul Kavonic of Credit Suisse says the "bigger risk" for oil prices comes from supply-side factors, such as OPEC cuts, and not potential demand incre...
05:16 2019-06-19

Oil firms as OPEC+ poised to extend supply cut Oil prices were up on Monday as OPEC and its allies looked on track to extend supply cuts until at least the end of 2019 at their meeting in Vienna t...
09:16 2019-07-01

OPEC set to extend oil supply cut as Iran endorses pact OPEC and its allies look set to extend oil supply cuts this week at least until the end of 2019 as Iran joined top producers Saudi Arabia, Iraq and R...
09:16 2019-07-01

Oil prices ease as demand worries counter OPEC supply cut extension Oil prices declined on Tuesday, as weak global data raised concerns about future demand for the commodity despite a positive boost from OPEC's d...
01:32 2019-07-02

Defensive OPEC alliance has 'no clear endgame' in an era of abundant supply, expert says There's only so much that OPEC and its oil-producing allies can actually do in a world filled with "factors beyond their control," Citi's G...
08:16 2019-07-03

OPEC Maintains World Oil Demand Forecast as Supply Concerns Continue OPEC cut its 2019 oil production growth forecast for its non-cartel peers, a week after the bloc and its allies extended their continuing output cut ...
16:48 2019-07-11

OPEC needs to send strong solidarity message: JP Morgan head of oil market research OPEC is scheduled to meet next Tuesday, but Saudi Arabia wants to push it back. Abhishek Deshpande, J.P. Morgan head of oil market research and strat...
16:32 2019-06-17

Morgan Stanley Quarterly Profit Falls 10% Quarterly profit fell 10% at Morgan Stanley, the last of the big U.S. banks to report earnings in a mixed quarter where trading slowed and Main Stree...
09:00 2019-07-18

Wealth management: Bank of Morgan Stanley Ten years on from the crisis, Morgan Stanley was already a different animal, with a shift to half its revenues generated from wealth management – wha...
08:48 2019-05-21

Morgan Stanley on Apple: 'Attractive setup into earnings' Morgan Stanley maintains its overweight rating on Apple's stock and hikes its price target to $247 from $231, heading into the tech giant's...
11:32 2019-07-22

Morgan Stanley: The S&P 500 will fail to break out for a third time in 18 months Despite the S&P 500 closing at an all-time high Friday, the index's internals and fundamentals are too weak to maintain the rally, Morgan Stanle...
14:16 2019-07-31

These five telco stocks may be worth investing in, says Morgan Stanley Revenues at telecommunications companies are set to revive again after years of decline, predicted Morgan Stanley in a Thursday report — that could s...
23:32 2019-06-30

Shoppers to be able to view firms' policies on supply chain slavery Theresa May is to announce a series of measures to build on the Modern Slavery Act and help protect people against forced labour, sexual exploitation...
00:32 2019-06-11

Morgan Stanley wants majority stake in Chinese joint venture: CEO Morgan Stanley wants to obtain majority ownership of a joint venture in China, but regulators there have not signed off on the idea, Chief Executive ...
18:16 2019-06-12

Morgan Stanley wants majority stake in Chinese joint venture -CEO Morgan Stanley wants to obtain majority ownership of a joint venture in China, but regulators there have not signed off on the idea, Chief Executive ...
19:48 2019-06-12

Morgan Stanley buys 2% needed for control of China banking JV Morgan Stanley moved a step closer to taking a controlling stake in its Chinese investment banking joint venture after snapping up the 2% stake it ne...
01:00 2019-08-02

Negative-yielding bond supply hits all-time high - J.P. Morgan The amount of bonds carrying negative yields increased to an all-time peak of $13.2 trillion on Wednesday, up $1.6 trillion or 13.4% from a month ear...
20:00 2019-08-08

RPT-Goldman banker highlights Morgan Stanley's Hong Kong IPO woes A senior Goldman Sachs banker has highlighted to colleagues the role played by rival Morgan Stanley in failed Hong Kong IPOs following the collapse o...
20:48 2019-07-15

Trade war would have a 'devastating' impact on the world economy, Morgan Stanley CEO Gorman says Morgan Stanley is the sixth biggest U.S. bank by assets, but it has leading businesses in Wall Street arenas like equities trading and mergers advice...
22:32 2019-06-27

Goldman banker highlights Morgan Stanley's Hong Kong IPO woes A senior Goldman Sachs banker has highlighted to colleagues the role played by rival Morgan Stanley in failed Hong Kong IPOs following the collapse o...
11:16 2019-07-15

Morgan Stanley reports drop in profit, but wealth management gains Morgan Stanley reported a drop in quarterly profit Thursday, hit by lower market activity amid global trade tensions and expectations for U.S. inte...
13:16 2019-07-18

Morgan Stanley's rich clients withdrew a surprising amount from accounts to pay their taxes Wealthy clients liquidate some investments every year to cover their tax bill, so presumably this was higher than what Morgan Stanley has seen previo...
16:00 2019-07-18

Morgan Stanley predicts 'maximum nicotine' policy could cut tobacco profits in half Profits for major U.S. tobacco companies could be cut in half if the FDA adopts a "maximum nicotine" rule within the next 15 years, according to anal...
13:32 2019-06-17

Morgan Stanley sees Fed cutting by half percentage point at July meeting Morgan Stanley economists expect the Fed to take decisive action to cut rates, reducing its fed funds target range by a half percentage point at its ...
10:48 2019-07-10

Morgan Stanley retains billing as top adviser in activist fights: Refinitiv data Morgan Stanley ranked as the top financial adviser in activist campaigns during the first six months of 2019 while Goldman Sachs and Spotlight Advi...
14:32 2019-09-16

Brazil's Caixa picks Morgan Stanley as co-advisor on insurance deals: source Brazilian state lender Caixa Economica Federal has picked investment bank Morgan Stanley as co-advisor to help it find insurance partners, a source w...
10:32 2019-05-25

Morgan Stanley sees ‘credible bear case’ for a US recession Interest rate cuts might come too late to save an economy that is dangerously close to slipping into recession, according to Morgan Stanley economist...
14:16 2019-07-22

Brazil's Caixa picks Morgan Stanley as co-advisor on insurance deals- source Brazilian state lender Caixa Economica Federal has picked investment bank Morgan Stanley as co-advisor to help it find insurance partners, a source w...
11:32 2019-05-25

Morgan Stanley lets clients use donor-advised funds focused on drug discovery Morgan Stanley is teaming up with the Harrington Discovery Institute to let clients make targeted donations to help fuel the creation of new treatmen...
16:48 2019-06-04

Morgan Stanley offers new tool to let advisors, investors measure sustainable investing goals Morgan Stanley is using big data to help clients identify their sustainable investing choices and measure how well their portfolios track those goals...
12:48 2019-07-31

Morgan Stanley executive suggested senator wife's girlfriend be paid through private firm Connecticut state Sen. Alex Bergstein's divorce case with her husband, Morgan Stanley managing director Seth Bergstein, has exposed her romantic...
15:16 2019-05-21

The FDA's proposal to limit nicotine could cost tobacco industry $165 billion, Morgan Stanley says Major U.S. tobacco companies could be in for a massive financial hit if the FDA elects to limit nicotine content in cigarettes.    &#...
22:48 2019-06-17

Domino's Pizza faces new threat from delivery apps like UberEats and GrubHub, Morgan Stanley says Domino's built its business around a fleet of drivers who deliver hot pizzas fast. Delivery companies now pose a threat to up to to 25% of Domin...
14:16 2019-07-11

Morgan Stanley on trade truce: No real progress, downside risks to economy and market remain Tensions between the U.S. and China are not escalating but there is still no clear path towards a deal between the world's two biggest economies...
10:16 2019-07-01

How tax cuts translate to pay hikes for all Ignore how some ignorant economists say about the rich getting richer. Tax cuts are a pay raise for all, especially the minimum wage earners and entr...
09:16 2019-05-21

How boxers deal with cuts Doctor Mike Loosemoore explains how to deal with lacerations. Information of interest to Tyson Fury now The post How boxers deal with cuts appeared f...
17:32 2019-09-16

Fed cuts rates, signals it may not need to do more The Federal Reserve cut interest rates on Wednesday to shore up the economy against risks including global weakness, but the head of the U.S. central...
17:32 2019-07-31

Here are the best Dow stocks to buy on the day Fed cuts rates The Federal Reserve is expected to cut rates this week for the first time since 2008, potentially giving investors the green light to play offense. H...
12:32 2019-07-31

Where to Invest When the Fed Cuts Rates Many believe the Federal Reserve is pivoting from raising interest rates to lowering them once again. Investors say rate cuts will spur spending and ...
08:48 2019-07-07

Uber Cuts More Than 400 Jobs Uber cut 435 technical employees in the company’s latest downsizing as it faces market pressures to turn a profit and the possibility of higher drive...
18:48 2019-09-10

Ford: Job cuts had to be slow Executives are adamant that being deliberative about cutting 10 percent of its global white-collar work force was necessary to yield meaningful benef...
00:16 2019-05-27

Deutsche Bank Considers Up to 20,000 Job Cuts Deutsche Bank is weighing whether to cut 15,000 to 20,000 jobs, or more than one in six full-time positions globally, the latest sign of the once-mig...
17:00 2019-06-28

Bed Bath & Beyond cuts 7% of corporate staff Bed Bath & Beyond’s turnaround effort continues to draw yawns from Wall Street. The home goods retailer Tuesday said it slashed 7% of its corporate s...
02:48 2019-07-24

Fed cuts interest rates, signals it may not need to do more The Federal Reserve cut interest rates on Wednesday, but the head of the U.S. central bank said the move might not be the start of a lengthy campaign...
05:48 2019-08-01

Trump moves haphazardly toward Tax Cuts 2.0 President Trump is putting together a proposal for a second round of tax cuts to fortify his reelection platform, but the effort is coming together o...
02:48 2019-09-15

Kudlow: no stimulus tax cuts in near future Trump economic adviser Larry Kudlow told reporters outside the White House on Thursday the economy is in good shape and there are no stimulus tax cut...
05:00 2019-08-23

Deutsche Bank considering up to 20,000 job cuts, WSJ reports Deutsche Bank AG is considering cutting 15,000 to 20,000 jobs, or more than one in six full-time positions globally, the Wall Street Journal reported...
11:48 2019-06-28

Rate Cuts Aren't as Certain as Markets Think Economics Nobel laureate Paul Samuelson was fond of saying that rational people change their mind when the facts change. In the case of interest rate...
09:16 2019-06-06

Here are the winners and losers if the Fed cuts rates Jay Jacobs of Global X Funds says a Fed rate cut will be challenging for banks, but the technology sector and energy pipeline companies could benefit...
09:48 2019-07-16

Audi cuts product portfolio by nearly a third High-end models like the S5 need to be balanced out with youth-focused smaller cars 'Simplified premium' ethos will result in a 40-45% cull of mode...
16:16 2019-09-10

Will Fed Rate Cuts Bolster Job Growth? Corporations slowed hiring in May amid concerns over the drawn-out trade war with China. Are Fed rate cuts the impetus that can galvanize employment?...
13:00 2019-06-17

After Deutsche Bank cuts, where will the growth be? For Deutsche Bank chief executive Christian Sewing, shrinking the group's investment bank will be the relatively easy - if expensive - part of his re...
23:48 2019-07-07

Fed cuts rates for first time since 2008 Wall Street turned negative after Federal Reserve Chairman Jerome Powell in a press conference after the Fed announced its first rate cut since 2008 ...
15:32 2019-07-31

PG&E Braces for Power Cuts; Tesla, Others See an Opening Companies that provide home batteries and other power products are targeting customers in Northern California as PG&E prepares to pre-emptively turn ...
15:48 2019-07-15

Italian PD leader calls for tax cuts, new investments Italy's next government must cut income taxes to boost consumption, relaunch investment and focus on health and education, the leader of the Democrat...
10:00 2019-08-30

AT&T Cuts Ad Sales Staff at WarnerMedia Unit AT&T’s WarnerMedia began making significant job cuts in its ad sales division, as it continues to reshape the businesses it bought in as part of the ...
00:32 2019-07-11

If the Fed Cuts, History Provides Guide to Market Impact The consensus view is that the Federal Reserve will cut interest rates soon as a form of insurance against persistently low inflation. Fed behavior p...
14:32 2019-06-13

U.S. cuts $185M in aid to Central America over immigration While Mexico avoided President Donald Trump's call for tariffs, other Central American countries will have their foreign aid cut because they haven't...
10:48 2019-06-18

Traders bet heavy on Fed rate cuts ahead Traders of U.S. short-term interest rate futures added to bets that the Federal Reserve will cut interest rates starting next month, after the centra...
15:00 2019-06-19

Why Rate Cuts in Europe May Do More Harm Than Good The European Central Bank launched a fresh wave of loose-money policies to jolt its stubbornly low inflation rate. But many suspect its primary targe...
01:00 2019-09-13

'Top Gun' cuts Taiwan flag from Tom Cruise's jacket A new trailer for the sequel of 1986 blockbuster "Top Gun" is stirring up controversy after it shows Tom Cruise putting on the iconic bomber jacket h...
09:48 2019-07-22

Goldman skeptical of 'insurance' U.S. rate cuts from Fed Goldman Sachs economists said on Sunday they are skeptical of "insurance" U.S. interest rate decreases from the Federal Reserve to forestall possible...
16:48 2019-06-16

Ford cuts 7K white-collar jobs DETROIT — Ford revealed details of its long-awaited restructuring plan Monday as it prepared for a future of electric and autonomous vehicles by part...
08:31 2019-05-21

Greek PM set to outline tax cuts, structural reforms Greece's prime minister is expected on Saturday to detail tax cuts for companies strained by years of austerity, while also promising pro-business re...
21:48 2019-09-07

Huawei Unit Cuts More Than 600 Jobs Following US Sanctions Chinese telecom giant Huawei said on Tuesday that more than 600 jobs would be lost at a US unit as a result of "curtailment of business operations" c...
18:48 2019-07-23

New Saudi Oil Minister Backs Cuts In Production Saudi Arabia's new energy minister, Prince Abdulaziz bin Salman, said Monday that oil production cuts would benefit all exporting nations, in an indi...
18:48 2019-09-09

US Treasury yields mixed after ECB cuts rates U.S. government debt yields were mixed Friday morning as traders monitored developments in the U.S.-China trade war and digested the European Central...
05:00 2019-09-13

Lowe's Cuts Outlook as Profit Gets Squeezed Lowe’s outpaced rival Home Depot in sales growth for the first time since 2016, but margins fell more than expected and the home-improvement retailer...
20:48 2019-05-22

Trump looking at possible U.S. payroll, capital gains tax cuts President Donald Trump on Tuesday said his administration was looking to cut U.S. taxes on wages and on profits from selling assets such as stocks, b...
18:00 2019-08-20

Oil rises for fifth day on expectations of extended output cuts Oil futures rose for a fifth day, rising to their highest in almost six weeks, on optimism that OPEC and other producing countries may agree to exten...
08:16 2019-09-10

Trump Examining Various Tax Cuts to Bolster the Economy President Trump said the White House is examining proposals to bolster the economy, including reducing capital-gains taxes, while maintaining that gr...
17:00 2019-08-20

Home Depot Cuts Sales Forecast Home Depot lowered its sales forecast and warned that falling lumber prices—as well as the potential effects of tariffs on U.S. consumers—could weigh...
17:00 2019-08-20

Trump Again Mulls Capital Gains Tax Cuts President Trump and his advisers are set to discuss whether to bypass Congress to lower capital-gains taxes by indexing them to inflation, according ...
13:48 2019-09-11

Oil drops as Fed signals rate cuts may be limited Oil prices fell more than $1 on Thursday, declining for the first time in six days, after the U.S. Federal Reserve dampened hopes for a string of rat...
23:00 2019-07-31

Ryanair CEO Micheal O'Leary says job cuts are coming The CEO of Europe's largest low-budget airline has said around 1,500 flight crew jobs are redundant. Sinking profits and reduced deliveries of Boeing...
15:16 2019-07-31

Fed Should Ignore Trump and Study Cuts for Right Reasons At a time when the need for easier money is debatable, it would be natural for monetary policy makers to snub President Trump’s calls for interest-ra...
10:48 2019-06-09

Daimler cuts outlook over Dieselgate costs The German automaker says its 2019 operating profit will be the same as last year, due to a huge vehicle recall bill. Authorities have ordered the re...
21:16 2019-06-23

As GM touts investment plans, UAW slams cuts GM's investment commitments ahead of this year's contract negotiations have been met with mixed reactions amid a strategy to close plants in Ohio, Mi...
06:48 2019-06-03

The media needs to stop getting the Republican tax cuts wrong With the 2020 election campaign heating up, the Republican tax cuts enacted in 2017 will be a major topic of debate. Most Republicans defend the tax ...
14:16 2019-06-27

In TV Interviews, Two Fed Officials Split on Need for Rate Cuts Two Fed officials offered contradictory views on the monetary-policy outlook in television interviews ahead of Friday’s highly anticipated speech by ...
10:00 2019-08-23

Trump looking at possible tax cuts amid economic jitters President Donald Trump said on Tuesday his administration was considering potential tax cuts on wages as well as profits from asset sales, and sought...
22:00 2019-08-20

Bed Bath & Beyond cuts 7% of corporate staff, including COO Furnishing retailer Bed Bath & Beyond Inc said on Tuesday its chief operating officer was departing as part of a 7% cut in its corporate staff, follo...
14:48 2019-07-23

| Huawei unit cuts more than 600 jobs following US sanctions Chinese telecom giant Huawei said on Tuesday that more than 600 jobs would be lost at a US unit as a result of "curtailment of business operations" c...
18:00 2019-08-03

Team USA cuts Young, Adebayo after scrimmage Following an exhibition game against the younger Select Team on Friday night, Team USA announced Thaddeus Young and Bam Adebayo were cut from the sen...
09:16 2019-08-10

Fury survives cuts, grinds out win over Wallin Tyson Fury weathered two bad cuts over his right eye and survived a spirited effort from Otto Wallin to win a hard-fought unanimous decision and reta...
07:48 2019-09-15

Payroll tax cuts won't stave off a recession, but these policies will Making condo purchases easier and cutting spending are two better ideas to strengthen the economy and turn back a recession than some tax cuts being ...
17:16 2019-08-21

| Viviani cuts past Sagan for Swiss win Italian road-race champion Elia Viviani outfoxed overall leader and triple world title holder Peter Sagan to clinch stage five of the Tour de Suisse....
20:00 2019-06-19

Trump Again Weighs Capital-Gains Tax Cuts President Trump and his advisers are set to discuss whether to bypass Congress to lower capital-gains taxes by indexing them to inflation, according ...
15:16 2019-09-11

Australia cuts key interest rate to record low 1.25% MELBOURNE, Australia (AP) — Australia’s central bank has cut its benchmark interest rate by a quarter of a percentage point to a new record low...
02:16 2019-06-04

It's Time to Finally Learn Your Gemstone Cuts Fine jewelry incorporates far more than just the ho-hum round brilliant engagement ring. Here are eight classic cuts to know—whether it’s for shoppin...
17:16 2019-09-13

IBM-Unilever blockchain pilot cuts wasteful ad spend A pilot that uses blockchain to reduce online advertising waste reclaimed 2-3 percentage points of spend, according IBM CMO Michelle Peluso.Read More...
09:32 2019-08-16

Huawei preps 'extensive' US job cuts despite partial reprieve Huawei appears to be prepared for a long trade battle despite the US government's promises of easing some restrictions. Wall Street Journal sou...
01:32 2019-07-15

U.S. lawmakers push back against possible Trump foreign aid cuts Republican and Democratic foreign policy leaders in the U.S. Congress came out on Friday against a Trump administration review of foreign aid that cr...
02:48 2019-08-10

Dollar rises after Fed cuts rates, signals move is one-off The U.S. dollar rose to two-year highs on Wednesday after Federal Reserve Chair Jerome Powell, having made the first cut to interest rates since 2008...
17:32 2019-07-31

Loan market reels from rumored rate cuts NEW YORK, June 13 (LPC) - Market expectation that the US Federal Reserve will cut rates, possibly as early as this year, has sent investors fleeing t...
18:16 2019-06-13

Fed Cuts Interest Rates for First Time Since 2008 Crisis The Federal Reserve cut its benchmark interest rate a quarter point as it tried to insulate the economy from President Trump’s trade war and a global...
20:16 2019-07-31

Spirit cuts workweek in wake of 737 MAX groundings: union Boeing Co's largest supplier Spirit AeroSystems Holdings Inc is reducing its workweek to 32 hours in response to the 737 MAX groundings, a labor unio...
12:48 2019-06-07

CVS slows store expansion plans, cuts pace by a third CVS Health will open about about one-third of the stores it usually opens this year and even fewer next year, the company's head of retail said ...
09:32 2019-08-07

Turkey says EU funding cuts will not affect its drilling off Cyprus European Union decisions to curb contacts and funding for Turkey will not affect Ankara's determination to drill for gas and oil off Cyprus and Turke...
07:32 2019-07-16

GoPro reports smaller loss on cost cuts Action-camera maker GoPro Inc posted a smaller second-quarter loss on Thursday, helped by aggressive cost cuts and demand for its newer Hero cameras....
16:32 2019-08-01

Auto Component Makers Stare At 10 Lakh Job Cuts The automotive component industry contributes 2.3 per cent to India's gross domestic product (GDP), 25 per cent to its manufacturing GDP and provides...
07:48 2019-08-11

Poll finds little Republican support for spending cuts A majority of Republican voters oppose federal spending cuts to areas such as healthcare, the environment, and social welfare programs, according to ...
11:16 2019-06-15

Pelosi Cuts Deal That Could Help the GOP Destroy a Democratic President The Congressional Democratic leadership, in its never-ending quest to Get Something Done, has reportedly reached a deal with the Trump administration...
14:32 2019-07-23

India’s central bank cuts lending rate to 5.75% NEW DELHI (AP) — India’s central bank has cut its key interest rate by a quarter of a percentage point to 5.75% from 6% with immediate effect t...
04:16 2019-06-06

Alaska governor reverses course on controversial budget cuts Alaska's governor signed a budget bill on Monday rolling back most of the deep, highly controversial spending cuts he imposed weeks ago on the Univer...
03:00 2019-08-20

Netflix cuts controversial suicide scene from 13 Reasons Why The scene, which had been criticised by mental health experts, has been re-edited by the streaming service more than two years on from its releaseNet...
10:16 2019-07-16

U.S. markets gyrate after Fed cuts rates, stocks fall Wall Street turned negative after Federal Reserve Chairman Jerome Powell in a press conference after the Fed announced its first rate cut since 2008 ...
17:32 2019-07-31

Trump says he will decide on foreign aid spending cuts within week U.S. President Donald Trump said on Tuesday that he was looking at various options for a budget package that could cut billions of dollars in foreign...
18:00 2019-08-20

This Watermelon Wedger Cuts Perfect Slices in Seconds I am always suspicious of single-use slicers and dicers, but I am truly in aw of this watermelon wedger. It’s particularly helpful during BBQ season,...
14:48 2019-06-12

Why roster cuts will be extra-tough for Giants’ Pat Shurmur The cut-down to the 53-man roster was anticlimactic a year ago, so much so that a day after the cuts were made, the Giants sliced off another seven p...
21:00 2019-08-23

Nissan warns of profit plunge, set to unveil 10,000 job cuts Nissan Motor Co Ltd warned on Wednesday that first-quarter profit tumbled around 90% percent, a day before it is expected to announce more than 10,0...
11:16 2019-07-24

Japan's Nissan to double global job cuts to over 10,000: source Nissan Motor Co Ltd plans to expand job cuts to over 10,000 to help turn around its business, a person with direct knowledge of the matter said on W...
23:00 2019-07-23

Federal Reserve cuts interest rates by 0.25% – its first in a decade Fed chief Jerome Powell ‘let us down’, says Trump amid disappointment that rates were not cut harderThe US Federal Reserve has cut interest rates for...
20:00 2019-07-31

EPA cuts 40 regulations, saves $3.6B, seeks balance on costs Aiming to erase the “fuzzy math” past administrations used to hide the costs of politically favored policies, the Environmental Protection Agency is ...
15:32 2019-06-11

Promise of Rate Cuts Lifts Range of Assets Stocks and government bonds aren’t the only assets getting a boost from an expected wave of central bank easing. The Swiss franc, gold and emerging m...
09:48 2019-07-23

Fed Would Consider Interest-Rate Cuts if Growth Outlook Darkens Federal Reserve Vice Chairman Richard Clarida said the U.S. economy remains in good shape but that the central bank would consider interest-rate cuts...
22:32 2019-05-30

Two Fed Officials Express Opposition to Rate Cuts in TV Interviews The leaders of the Kansas City and Philadelphia Fed banks both said that while there are risks to the outlook the current path of data suggests lower...
15:00 2019-08-22

Yemen will face severe aid cuts without new funds soon, warns UN The United Nations is facing having to cut 22 aid programs in the impoverished country. Only half of pledged donations for 2019 have been delivered s...
06:48 2019-08-22

Tough cuts must be made in order to win fantasy titles If you find yourself still reading fantasy baseball columns at this time of year, then congratulations are in order. You are in the hunt for your lea...
02:00 2019-08-25

Union Pacific Cuts Costs, Bolsters Profit The railroad operator’s second-quarter profit rose even as it shipped less cargo, as the company got a boost from cost cuts tied to its new operating...
14:48 2019-07-18

France pledges to fight for plant where GE plans 1,044 job cuts French Finance Minister Bruno Le Maire said on Tuesday he would fight to save jobs at a General Electric Co (GE) factory in eastern France where more...
17:00 2019-05-28

Global airline industry cuts profit forecast by more than a fifth Passenger numbers are up but US–China trade dispute poses major threat, says IataThe global airline industry is expected to record its lowest profits...
10:48 2019-06-02

Huawei cuts orders to key suppliers after U.S. blacklisting: Nikkei China's Huawei Technologies Co Ltd has cut or canceled orders to major suppliers for components that go into its smartphones and telecom equipment fo...
17:32 2019-06-05

Trump says Fed Chief Powell 'let us down' by not clearly signaling more rate cuts President Donald Trump said that Federal Reserve Chairman Jerome Powell "let us down" on Wednesday hours after the Fed lowered its benchmark rate by ...
17:01 2019-07-31

Moody's Cuts Yes Bank Ratings With "Negative" Outlook Moody's expects the bulk of Yes Bank's operating profits will get consumed by loan loss provisions over the next 12 to 18 months, and thus not suppor...
12:00 2019-08-28

California utility proactively cuts power because of weather Pacific Gas & Electric cut power Saturday to about 1,600 customers in Northern California to reduce risk of wildfires amid windy, dry and warming wea...
23:00 2019-06-08

Dollar at two-year high after Fed cuts rates as expected The U.S. dollar rose as high as $1.063 against the euro on Wednesday, its strongest level since May 2017, after the Federal Reserve cut interest rat...
15:32 2019-07-31

US cuts Turkey from F-35 program after Russian missile deal Last week, Turkey accepted delivery of the Russian-made S-400, a mobile surface-to-air missile system, that is said to pose a risk to the NATO allian...
19:48 2019-07-17

Fed Cuts Rates by a Quarter Point in Precautionary Move The Federal Reserve cut interest rates by a quarter-percentage point—the first reduction since 2008—in a preemptive strike to cushion the economy fro...
14:32 2019-07-31

FT: Huawei cuts meetings with US, sends US workers home The Financial Times is reporting that tech giant Huawei has ordered its employees to cancel technical meetings with American contacts and has sent ho...
12:32 2019-05-31

IEA cuts growth forecast over potential economic slowdown The International Energy Agency said Friday it now expects a decline in global oil demand, citing concerns for a potential economic downturn and the ...
12:48 2019-08-09

UPDATE 1-Bed Bath & Beyond cuts 7% of corporate staff, including COO Furnishing retailer Bed Bath & Beyond Inc said on Tuesday its chief operating officer was departing as part of its move to cut 7% of corporate staff,...
14:48 2019-07-23

Storm Barry cuts 73% of U.S. offshore oil production: U.S. government Tropical Storm Barry has cut 73%, or 1.38 million barrels per day (bpd), of crude oil production in the U.S.-regulated areas of the Gulf of Mexico, t...
15:32 2019-07-14

H&R Block figures out what happened to people’s tax cuts last year H&R Block has figured out what happened to people’s tax cuts last year. The company said overall tax liability was down 24.9%. Wow, that’s grea...
09:16 2019-05-21

Huawei reportedly cuts shipments of its flagship phones After being banned from accessing its U.S. supply chain, Huawei decided in May to stop taking orders for its low and mid-range handsets that aren't p...
00:00 2019-06-20

Oil gets boost as new Saudi minister commits to output cuts Oil prices rose on Monday after the new Saudi energy minister, Prince Abdulaziz bin Salman, confirmed expectations that there would be no radical cha...
12:48 2019-09-09

Olympic official reassures sports federations about cuts TOKYO (AP) — An Olympic official has made a guarantee that should please the heads of world sports federations who are concerned that Tokyo Games org...
09:32 2019-05-23

Stocks Edge Higher on Hopes for Rate Cuts U.S. stocks ticked higher as expectations of further interest-rate cuts from the Federal Reserve and other central banks continued to give major inde...
10:48 2019-09-09

Fed Holds Interest Rates Steady, Hints at Possible Cuts Federal Reserve officials held their benchmark rate steady but hinted they would cut rates in the months ahead if the outlook weakens. Fed Chairman J...
15:48 2019-06-19

Kim returns to John Deere with 17 straight missed cuts Golf notes: Michael Kim doesn't ride momentum from John Deere win; a temporary playoff change at British Open       &#...
13:00 2019-07-09

Deutsche Bank plans cuts at its US equities business Deutsche Bank is planning cuts at its U.S. equities business, including prime brokerage and equity derivatives, to win over shareholders unhappy abou...
04:32 2019-05-24

UBS is reportedly preparing to overhaul its investment arm — and it could mean hundreds of job cuts ReutersUBS is preparing to revamp its investment bank in a bid to revitalize the underperforming business, according to the Financial Times. The S...
18:48 2019-09-05

Alaska lawmakers near showdown with governor over education cuts Alaska lawmakers were heading for a showdown with Governor Mike Dunleavy on Wednesday to try and stop his bid to slash spending on higher education -...
08:16 2019-07-10

Deep cuts: A beginner’s guide to cooking offal Offal—the organs and other bits of an animal typically discarded by butchers, also known as variety meats or an animal’s fifth cut—doesn’t always get...
16:16 2019-09-05

HII cuts first steel for Columbia-class submarine program Huntington Ingalls Industries cut the first steel plate of the Columbia ballistic missile submarine at Newport News Shipbuilding in Virginia, marking...
15:16 2019-05-24

The Fed signaled rate cuts may be coming soon. What does that mean for borrowers, savers The Fed signaled that interest rate could be on the way but the benefits for borrowers may be limited. Bank customers could see savings rates fall. ...
11:32 2019-06-20

Uber cuts 435 jobs in its product and engineering teams Uber is still bleeding cash, and that's unfortunately contributing to job cuts. The ridesharing firm has laid off 435 employees in its product ...
03:16 2019-09-11

Google cuts off Huawei’s access to key Android services Google yanked Huawei’s access to some of its key Android services, dealing a blow to the Chinese smartphone maker as it’s caught in an escalating tra...
10:32 2019-05-21

Hammond: No-deal Brexit would leave 'no money' for tax cuts Philip Hammond has warned Tory leadership candidates a no-deal Brexit would cost the economy £90bn, and leave "no money available for longer-ter...
17:32 2019-07-02

Brazil Cuts 2019 Economic Growth Forecast The government lowered its outlook for Brazil’s economic growth this year to 1.6% as President Jair Bolsonaro’s administration struggled to get an ov...
18:01 2019-05-22

Powell says Fed won’t buckle to pressure from Trump on rate cuts The Federal Reserve won’t be handing President Trump his rate cuts on a silver platter. Fed officials acknowledged on Tuesday that weakening economic...
13:16 2019-06-27

European Central Bank cuts deposit rate The European Central Bank announced Thursday it will cut its deposit rate and make new monthly bond purchases in the billions among other steps to he...
21:48 2019-09-12

Daimler cuts profit expectations on diesel issues Daimler has cut its earnings outlook for this year after lifting provisions for issues related to diesel vehicles by "a high three-digit million euro...
14:32 2019-06-23

ECB Cuts Rates and Launches Sweeping Stimulus Package The European Central Bank cut its key interest rate and launched a sweeping package of bond purchases that lays the ground work for what is likely to...
10:32 2019-09-12

Australian Senate passes $110 billion tax cuts over decade Australia’s Parliament has delivered the reelected government’s promise to provide 158 billion Australian dollars ($110 billion) in personal income t...
09:16 2019-07-04

ARC Resources cuts 2019 capital expenditure budget to C$700 mln Canadian oil and gas producer ARC Resources said on Thursday it has cut its 2019 capital expenditure budget by C$75 million to C$700 million ($530.46...
17:32 2019-06-20

UN rights expert slams UK welfare spending cuts A U.N. human rights expert has sharpened his criticism of cuts to social support in Britain, describing recent changes as window-dressing and calling...
10:48 2019-05-22

U.S. 10-year yields may fall to 1.75% if Fed cuts rates - Goldman Benchmark U.S. 10-year Treasury yields may decline to 1.75% and the yield curve may steepen further if the Federal Reserve lowers interest rates two ...
12:48 2019-06-20

Tyson Cuts Full-Year Profit Forecast Tyson Foods lowered its earnings forecast for the year, citing short-term challenges that have weighed on its bottom line, including commodity market...
22:48 2019-09-03

Why roster cuts won’t bring usual mayhem for these Giants FOXBOROUGH, Mass. — It is not the job or the responsibility of the Giants to spread talent around the rest of the league. It has been challenging eno...
21:32 2019-08-29

Giants part with T.J. Jones as roster cuts begin T.J. Jones did plenty of good things on the practice field during training camp and in the preseason games this summer. The 27-year-old wide receiver...
18:48 2019-08-31

AT&T cuts another 1,800 jobs as it finishes fiber-Internet buildout Enlarge / AT&T service truck driving on a street in a residential neighborhood on May 17, 2019 in Sunnyvale, Calif. (credit: Getty Images | Andrei St...
17:01 2019-06-17

Fed holds rates steady, signals cuts possible later this year The U.S. Federal Reserve held interest rates steady on Wednesday but signaled possible rate cuts of as much as half a percentage point over the remai...
15:00 2019-06-19

Tom Brady cuts some of Chase Winovich’s hair on the sideline Yoga wasn’t the only weird thing Tom Brady was doing on the sideline last week. Looking for any way to pass the time during the Patriots’...
14:16 2019-09-02

Mexico cuts irregular migration to US in half, officials say Mexican officials have dismissed US threats to impose tariffs linked to its ability to stop asylum-seekers from reaching US soil. A senior official s...
18:48 2019-09-06

Police leaders urge next PM to reverse policing cuts Letter calls on winner of Tory leadership contest to provide funding to tackle violent crimePolice leaders have written to the two Conservative leade...
09:16 2019-07-11

Most Louisiana refineries running as storm cuts 70% of offshore oil Tropical Storm Barry slowly moved on to the Louisiana coast and quickly weakened from hurricane strength on Saturday afternoon, leaving in its wake 7...
15:32 2019-07-13

Bayern Munich win German Cup after Lewandowski cuts down RB Leipzig • RB Leipzig 0-3 Bayern Munich • Lewandowski 29 85, Coman 78Bayern Munich beat RB Leipzig 3-0 on Saturday thanks to two goals from Robert Lewandowski...
01:48 2019-05-26

General Motors cuts some 350 jobs in Thailand operations General Motors has cut about 350 jobs from its Thai subsidiary's operations, a labour representative said on Friday, slashing more than 15% of the wo...
16:32 2019-08-30

Indiana HS cuts ties with gay teacher to stay in archdiocese: report A high school in northern Indianapolis said Sunday that it will cut ties with a gay teacher in order to stay in the city’s archdiocese, a decision ma...
02:16 2019-06-24

Stocks rally on bets of Fed rate cuts; euro wobbles Asian stocks advanced on Thursday, tracking solid gains on Wall Street as weak economic data in the United States bolstered the prospect of rate cuts...
03:00 2019-07-04

The Met Opera Cuts Back on Screen Time for Berlioz Next Season Citing “technical demands,” the company will replace its revival of a video-heavy production of Berlioz’s “La Damnation de Faust” with concert perfor...
17:32 2019-06-07

Bank of Mexico Cuts Interest Rates as Economy Struggles The Bank of Mexico lowered interest rates Thursday for the first time in more than five years in a split vote, citing slowing economic growth, lower ...
06:32 2019-08-16

Supreme Court cuts citizenship question on 2020 Census for now The Supreme Court blocked the Commerce Department from adding a citizenship question to the 2020 Census, sending it back to the federal agency for a ...
12:32 2019-06-27

Antibiotic use before cancer treatment cuts survival time – study Patients live longer if they do not take antibiotics in month before immunotherapyTaking antibiotics in the month before starting immunotherapy drama...
11:32 2019-09-12

The Fed cuts rates and the tariff man tweets: Is the recession threat real? The latest 25 basis point interest rate cut by the Federal Open Market Committee came with the yawn it deserved, though it was one of the most antici...
17:48 2019-08-02

Dow Jones tanks as Fed chairman raises doubts on further rate cuts Wall Street got what it wanted from the Federal Reserve — just not enough of it. The stock market plunged Wednesday despite the Fed announcing its fi...
22:32 2019-07-31

British American Tobacco cuts 2,300 jobs in shift towards vaping Firm aims to increase revenues from ‘potentially reduced-risk products’ to £5bnBritish American Tobacco (BAT) has announced plans to cut 2,300 jobs b...
16:48 2019-09-12

Nordstrom cuts 2019 forecast after quarterly results miss big Nordstrom Inc on Tuesday cut its forecast for full-year sales and profit after reporting weaker than expected first-quarter results that were hurt by...
20:32 2019-05-21

Oil rises as U.S. crude stocks fall again, Fed cuts interest rates Oil prices rose for a fifth day on Wednesday following a larger-than-expected drop in U.S. inventories and after the Federal Reserve cut U.S. interes...
17:32 2019-07-31

English nature's 'jewels in crown' threatened by cuts, says watchdog Natural England chair bemoans budget cuts that have left conservation body ‘massively depleted’The reserves and protected places that are the “jewels...
15:48 2019-06-14

Elton John slams Russian cuts to 'Rocketman' gay scenes Elton John on Friday criticized Russia's reported censorship of gay sex scenes in the new movie musical based on his life, "Rocketman," calling the ...
20:32 2019-05-31

Bigger cuts expected: 23,000 more Ford layoffs needed, analysts say Ford CEO Jim Hackett plans for layoffs won't deliver savings the company has said it wants. An analyst says another 23,000 layoffs are needed. ...
08:16 2019-05-22

Taron Egerton speaks out against Rocketman scene cuts in Russia Actor who stars in Elton John biopic says he is crestfallen at removal of gay scenesTaron Egerton, the star of the Elton John biopic, Rocketman, has ...
13:16 2019-06-01

EU's Juncker cuts holiday short for urgent surgery: statement The outgoing head of the European Union's executive, Jean-Claude Juncker of the European Commission, has cut short a holiday to undergo urgent surger...
13:16 2019-08-17

China cuts taxes on circuit industry in face of US pressure BEIJING (AP) — China is cutting taxes on its fledgling software and integrated circuit industries to spur development in the face of U.S. export cont...
06:01 2019-05-22

Road funding cuts could have paid for eight million pothole repairs News 6 Jul, 2019 Money cut from councils’ road funding budgets since 2010 could have paid for eight million potholes to be repaired, fi...
08:48 2019-07-06

MTA warns of subway and bus service cuts amid budget woes The MTA warned Friday that its budget crunch may force the embattled authority to cut back on subway and bus service this fall. “We’ve got a lot of w...
01:32 2019-08-17

Two Fed policymakers sound inflation alarm, call for rate cuts Two U.S. central bankers on Friday sounded the alarm on sluggish U.S. inflation and called for immediate action in response, in what amounted to a br...
11:32 2019-06-21

Kohl’s cuts profit estimates, sending its shares tumbling Kohl’s cut its full-year profit forecast after the department store operator missed Wall Street estimates for quarterly same-store sales and profit, ...
02:32 2019-05-22

Subsidy cuts blamed for fall in UK sales of electrified vehicles Industry group accuses government of undermining sector after sales fall for first time since April 2017The British car industry has accused the gove...
13:16 2019-07-04

Boeing jet trouble leads to cuts at Europe’s busiest airline Europe’s biggest airline by passengers, budget carrier Ryanair, will cut flights and close some of its bases beginning this winter because of the del...
06:16 2019-07-16

| Sponsor cuts ties with London Irish over Jackson signing Drinks giant Diageo has terminated a sponsorship deal with London Irish after the signing of Paddy Jackson, who was acquitted in a rape trial last ye...
10:01 2019-06-14

ICE program cuts deportation costs to just $80, local cops embrace Sheriffs on the front lines of the surging illegal immigration crisis are pushing back against pro-sanctuary advocates who claim helping Immigration ...
12:16 2019-06-03

US Central Bank Cuts Interest Rates For First Time Since 2008 Fed Chairman Jerome Powell cited signs of a global slowdown, simmering US trade tensions and a desire to boost too-low inflation in explaining the ce...
23:48 2019-07-31

Australia's central bank cuts interest rates again — more easing may be on the way The Reserve Bank of Australia's (RBA) quarter-point cut took cash rates to an all-time low of just 1% and left limited room for more reductions....
08:32 2019-07-02

Redfin’s newest online tool cuts out the buyer’s agent As part of the program, on Redfin-listed homes, consumers are given two options: buy with an agent or make an offer without an agent using Redfin sof...
11:48 2019-06-04

Trio of Central Banks Surprises Markets With Rate Cuts Policy makers in India, New Zealand and Thailand moved aggressively to shore up growth and stoke inflation, all cutting interest rates by more than i...
09:00 2019-08-07

Trade Risks Prompt Growing Predictions for Fed Rate Cuts Economists are projecting that uncertainty created by the Trump administration’s actions on tariffs will prompt the Fed to cut rates later this year....
15:16 2019-06-04

Sanders is right: Republican tax cuts cost more than forgiving student debt Alexandria Ocasio-Cortez has joined the Democratic presidential candidate in making a contrast with the 2017 lawA 2016 plan for free college tuition ...
06:48 2019-06-30

Continental seeks deeper cost cuts as Q2 profit falls 41% Supplier points to a "highly challenging" market with falling car sales in Europe, North America and China, and steep investments for electric and au...
15:32 2019-08-07

Top Automakers Plan Production Cuts Amid Industry Crisis M&M said on Friday its automotive segment, which makes passenger and commercial vehicles and spare parts, would cut production for 8-14 days at vario...
12:48 2019-08-09

| Night work: Power cuts add to Zimbabwe's mounting woes Zimbabwe's worsening electricity shortages mean power is often only available for a few hours in the middle of the night -- forcing furniture maker R...
09:16 2019-06-30

Samsung cuts production in China as local struggles continue Samsung has been struggling in the Chinese smartphone market for quite some time. In fact, around six months ago the company shut down one of its fac...
10:48 2019-06-05

Fed's Evans Says Trade Headwinds Could Justify Additional Rate Cuts Chicago Fed President Charles Evans said the Federal Reserve would need to provide more stimulus than it did last week if growing trade tensions lead...
23:32 2019-08-07

P&O cuts cruises to Gulf over seizure of British-flagged oil tanker Thousands of holidaymakers today had cruises in the Arabian Gulf and around Dubai cancelled by P&O in response to the seizure of a British-flagged oi...
02:16 2019-08-09

GameStop cuts costs to deal with plunge in console sales The PS4 and Xbox One are clearly approaching the end of their main lifecycles, and that's doing serious damage to GameStop's bottom line. ...
07:32 2019-06-05

IMF cuts global growth outlook, but predicts pick up later in 2019 The outlook for global growth is at its lowest since the financial crisis, but expected to pick up in the second half of 2019, the International Mone...
08:48 2019-05-21

Oil rises as US crude stocks fall again, Fed cuts interest rates Oil prices rose for a fifth day on Wednesday following a larger-than-expected drop in U.S. inventories and after the Federal Reserve cut U.S. interes...
13:00 2019-08-04

Saudi Arabia cuts oil output after Houthi drone attack Saudi Arabia has cut its oil output in half after Yemen's Houthi rebels claimed responsibility for a drone attack on two oil facilities in eastern Sa...
18:48 2019-09-14

Democrats pass up chance to dent GM on job cuts in Detroit debates Detroit-based General Motors Co emerged from two days of Democratic debates in its hometown largely unscathed as 2020 White House hopefuls largely pa...
00:32 2019-08-01

A Fed letdown on rate cuts could be the stock market's biggest threat now The Federal Reserve and the market are miles apart on interest rate expectations, and the disparity could cost the stock market a 7%-10% drop, econom...
12:48 2019-06-27

Stocks rally again on expected Fed rate cuts; euro on defensive Asian stocks advanced on Thursday, tracking sharp gains on Wall Street as recent data from multiple sectors pointed to slowing economic growth in the...
22:48 2019-07-03

Bank of England cuts forecast in 1st warning of no-deal EU exit The threat of Britain leaving the European Union this fall without a detailed agreement with the 28-member bloc led the Bank of England Thursday to c...
11:32 2019-08-01

Germany cuts $39M in funds to Brazil for Amazon preservation over deforestation SAO PAULO – Germany decided to suspend $39 million in funds sent to Brazil to finance projects aimed at preserving the Amazon forest due to inc...
22:48 2019-08-12

Singapore second-quarter GDP falls 3.3%, cuts 2019 growth forecast The contraction in Singapore's second-quarter GDP was slightly smaller than the 3.4% decline seen in the government's advance estimate on a...
21:00 2019-08-12

Japan plans carbon emission cuts, more nuclear energy TOKYO (AP) — Japan is calling for further efforts to cut carbon emissions by promoting renewables but also nuclear energy despite the 2011 Fukushima ...
03:16 2019-06-07

Former Brazilian ministers slam budget cuts to science and technology A manifesto of 10 previous incumbents warned that drastic reductions in science and technology spending will undermine the country's competitiveness....
22:00 2019-07-03

Bostic: Fed's focus is its mandates not market pricing for rate cuts Strong market expectations of an upcoming Fed rate increase are not a reason for the central bank to make a policy move given a U.S. economy that con...
22:32 2019-07-11

Mexican health service chief quits over spending cuts The head of Mexico's social security institute has stepped down, citing budget cuts that he said would harm health services for the poor, in one of t...
15:00 2019-05-21

Cuts to Social Security would hurt older, single women most of all The Social Security program is approaching insolvency, and the demographic to be hit hardest by any reduction in benefits will be women, who tend to ...
13:32 2019-06-27

Magnitude 6.0 quake rattles Taiwan, triggers some power cuts A 6.0-magnitude earthquake struck off Taiwan's northeastern coast on Thursday, the island's weather bureau said, shaking buildings and cutting power ...
13:48 2019-08-08

Disney CEO Cuts Ties With Apple Because They're Not Called the 'Streaming Wars' for Nothing Disney CEO Bob Iger has bowed out of Apple’s board of directors ahead of what’s sure to be a heated competition come November when both companies rel...
06:00 2019-09-14

Lumentum says it's halting all Huawei shipments; cuts its quarterly forecast Mobile phone parts producer Lumentum on Monday was the first U.S. company to confirm formally it was halting shipments to Huawei, following export re...
08:31 2019-05-21

Transport chaos across England and Wales after major power cuts Energy watchdog Ofgem warns it could take ‘enforcement action’ over the outageLarge parts of England and Wales were left without electricity followin...
18:48 2019-08-09

Thief cuts sleeping man’s pockets, robs him on Brooklyn subway The footage released by authorities late Monday shows the 28-year-old victim fast asleep aboard a northbound L train around 2:15 a.m. Sunday, cops sa...
19:16 2019-06-18

Three Fed Officials Offer Diverging Views on Rate Cuts in TV Interviews Three Fed officials offered diverging views on the path for monetary policy in television interviews, with two skeptical over the need for lower rate...
17:32 2019-08-22

Fed sees case building for interest rate cuts this year The U.S. Federal Reserve on Wednesday said it was ready to battle growing global and domestic economic risks with interest rate cuts beginning as ear...
18:16 2019-06-19

Fed was divided on rate cut, wanted to avoid appearing on path for more cuts Federal Reserve policymakers were deeply divided over whether to cut interest rates last month but were united in wanting to signal they were not on ...
22:16 2019-08-21

Trump may back off plan for foreign aid cuts, to decide within week U.S. President Donald Trump said on Tuesday he was considering scaling back an effort that could have cut billions of dollars in foreign aid and woul...
21:16 2019-08-21

Fed Holds Rates Steady, Hints at Possible Cuts if Outlook Dims Federal Reserve officials held their benchmark interest rate steady, but indicated they would cut rates in the months ahead if the economic outlook w...
19:16 2019-06-19

NYSE Cuts Fees to Court Biotech Listings Away From Nasdaq The New York Stock Exchange is making a bid to lure biotech IPOs that usually go to Nasdaq, the latest sign of an intensifying rivalry between the ex...
11:48 2019-05-23

Fed's Evans: Rate Cuts Needed to Defend Fed's Inflation Target Federal Reserve Bank of Chicago President Charles Evans said in a television interview Tuesday the U.S. central bank needs to lower its short-term ra...
17:32 2019-07-16

UPDATE 1-PVH cuts profit forecast for 2019; shares fall PVH Corp, the owner of Calvin Klein and Tommy Hilfiger brands, cut its adjusted profit outlook for the year, citing a challenging macroeconomic envir...
17:32 2019-05-29

Fed's Charles Evans says he'd be comfortable with 'a couple' rate cuts before the end of the year Charles Evans spoke Tuesday at CNBC's @Work Human Capital + Finance Conference in Chicago. The Fed president said he is worried about low inflat...
16:48 2019-07-16

Sarasin cuts Shell stake, criticizing its climate strategy London-based asset manager Sarasin & Partners has sold nearly 20% of its holdings in Royal Dutch Shell, saying the oil and gas company's spending pla...
09:32 2019-07-09

Heritage Foundation bewildered by Biden claim about Trump tax cuts The conservative Heritage Foundation reacted with bewilderment on Wednesday after Joe Biden claimed that the think tank had condemned the 2017 Trump-...
19:32 2019-08-28

Clash over deep spending cuts faces another round in Alaska Alaska's governor won a showdown on Wednesday with lawmakers trying to reverse his bid to slash spending on higher education by 40%, but opponents vo...
01:16 2019-07-11

UPDATE 2-Fitch cuts outlook to "negative" for Boeing on 737 MAX problems Fitch Ratings lowered its outlook for Boeing Co to "negative" from "stable" on Monday, citing regulatory uncertainty around the timing of its 737 MAX...
11:48 2019-07-22

Fitch cuts Boeing's debt outlook to 'negative' on 737 MAX problems Fitch Ratings lowered its debt outlook for Boeing Co to "negative" from "stable" on Monday, citing regulatory uncertainty around the timing of its 7...
15:00 2019-07-22

Iran Nuclear Commitment Cuts "Unacceptable": Mike Pompeo US Secretary of State Mike Pompeo said Friday that Iran's latest reduction in commitments to a nuclear deal -- made in retaliation for US sanctions -...
21:48 2019-09-06

Sara Netanyahu Cuts Plea Deal in Catering Case The wife of Israel’s prime minister was accused of misusing about $100,000 in public funds. The prime minister’s own corruption case still looms over...
04:48 2019-06-12

Harley-Davidson cuts forecast after motorcycle sales slump Harley-Davidson on Tuesday trimmed the forecast for shipments of its motorcycles in 2019 after worldwide sales in the second quarter slumped, hurt by...
09:48 2019-07-23

Cargill cuts CO2 emissions from shipping fleet in green push Cargill reduced CO2 emissions from its chartered shipping fleet by 350,000 tonnes last year as part of efforts to scale back its carbon footprint at ...
11:32 2019-06-12

Powell Issues Warning Over Trade, Signals More Rate Cuts Are Possible Fed Chairman Jerome Powell gave his most forceful warning yet about the risks to the U.S. economy from escalating trade tensions and the limits to th...
14:00 2019-08-23

Dollar Tree cuts profit forecast as costs rise Dollar Tree cut its full-year profit forecast on Thursday, citing costs related to store closures and freight, sending its shares down 4% in trading ...
10:32 2019-05-30

The New York Times cuts all political cartoons, and cartoonists are not happy The Times says it will turn to longer-form, graphic-novel-style commentary. Cartoonists see the move as yet another sign that the editorial-cartoon i...
19:16 2019-06-11

Factbox: Deutsche Bank staff react to 18,000 global job cuts Whole teams at Deutsche Bank were told on Monday their jobs had been axed as it began 18,000 job cuts globally in one of the biggest overhauls to an ...
13:32 2019-07-08

Fed sees case for interest rate cuts this year building The U.S. Federal Reserve on Wednesday signaled it could cut interest rates by as much as half a percentage point over the remainder of this year in r...
17:16 2019-06-19

Harley-Davidson Cuts Motorcycle Shipment Forecast For 2019 Overall Harley-Davidson sales are still under pressure, and the American motorcycle brand now expects to ship fewer motorcycles worldwide in 2019. Ha...
12:16 2019-07-24

Alaska governor prevails over lawmakers in clash over his spending cuts Alaska's governor prevailed on Wednesday in a showdown with lawmakers trying to reverse his bid to slash higher education spending by 40%, a move the...
21:48 2019-07-10

S&P 500 breaks intraday record, powered by Fed’s hint of rate cuts The S&P 500 set the new mark, 2,956.33, shortly after markets opened. The Dow Jones industrial average also surged, climbing more than 250 points and...
13:16 2019-06-20

New Nvidia driver update cuts latency down to the bone (Updated) Enlarge / You don't need an Nvidia RTX 2070 Super for this update, thankfully. In the world of high-end gaming graphics cards, improvements in ben...
17:00 2019-08-20

China seeks people's feedback on blanket cuts in pollution war China's environment watchdog has asked people to call out local officials carrying out blanket curbs in a "one size fits all" way to support the nati...
06:48 2019-09-03

Federal Reserve cuts interest rates for the first time in a decade The Federal Reserve is cutting its key interest rate for the first time in a decade to try to counter threats ranging from uncertainties caused by Pr...
22:32 2019-07-31

Asian shares fall as bets off on sharp U.S. rate cuts Asian shares fell on Monday after strong U.S. jobs data tempered expectations for a Fed rate cut, while the Turkish lira hovered near two-week lows o...
23:48 2019-07-07

Democrats’ Tax Cuts Target Middle Class More Than Trump’s, Study Says A liberal think tank concluded that plans from the 2020 contenders Kamala Harris, Cory Booker and Michael Bennet would cost less than the 2017 tax cu...
12:32 2019-05-22

Tyson cuts profit forecast, says slaughterhouse fire among challenges Tyson Foods Inc lowered its 2019 adjusted earnings forecast on Tuesday, citing a litany of causes including a recent fire at its Holcomb slaughterho...
21:48 2019-09-03

Lockheed Martin says F-35 cost cuts a year ahead of plan Lockheed Martin is a year ahead of schedule with its plan to cut the cost of its F-35 A fighter jet variant to $80 million by 2020, the U.S. company ...
05:32 2019-06-13

Russia cuts Rocketman scenes citing 'homosexual propaganda' law Elton John biopic’s gay sex and kissing footage edited out in effort to play down singer’s sexualityA Russian media company has reportedly cut all sc...
11:16 2019-05-31

Big Banks Are Earning Billions of Dollars. Trump’s Tax Cuts Are a Big Reason. The five largest United States banks reported tax rates of 22 percent or less for the second quarter this year. Lower taxes helped smooth over earnin...
14:48 2019-07-17

New Saudi Oil Minister Vows to Maintain Crude Output Cuts Saudi Arabia isn’t planning to change its oil production policy, the country’s newly appointed energy minister said. But the abrupt leadership change...
17:16 2019-09-09

Government Cuts Employees' State Insurance Contribution Rate To 4% The reduced rates will take effect from July 1, 2019, the Ministry of Labour said in a release. It would benefit 3.6 crore employees and 12.85 lakh e...
01:32 2019-06-14

Moody's Cuts Ford's Bond Rating to Junk Status The ratings company cited weak cash generation and a yearslong restructuring plan that the auto maker is undertaking just as the car market softens g...
00:48 2019-09-10

CNN preparing to make cuts at London-based news operation Surprise announcement likely to result in at least a dozen employees losing their jobsCNN is preparing to make substantial cuts to its London-based t...
17:16 2019-05-29

Fed Saw Strengthening Case for Rate Cuts Last Month, Minutes Show Federal Reserve officials grew more concerned about the economic outlook last month and discussed reasons why lower interest rates might be warranted...
00:32 2019-07-11

Military base cuts affect schools, target ranges, more WASHINGTON (AP) – The Pentagon will cut funding from military projects like schools, target ranges and maintenance facilities to pay for the co...
23:00 2019-09-04

Kellogg Plans Job Cuts Amid North America Reorganization Kellogg will cut about 150 salaried positions in its North America segment as part of a reorganization linked to the $1.3 billion sale of its Keebler...
11:00 2019-06-18

New war on cancer aims at longterm survival, not cure Scientists want to ‘take away the fear’ by halting mutation of cells, even in advanced casesLeading scientists are embarking on a new war against can...
10:16 2019-05-21

China's Shandong province plans further coal usage cuts over next five years China's eastern province of Shandong aims to cut its coal consumption by 50 million tonnes in five years, the provincial government said in a stateme...
09:16 2019-07-02

Target of first human gene editing cuts life expectancy short Enlarge / Chinese geneticist He Jiankui speaks during the Second International Summit on Human Genome Editing at the University of Hong Kong days aft...
11:32 2019-06-05

Trio of Central Banks Surprise Markets With Aggressive Rate Cuts Three central banks in the Asia-Pacific region lowered interest rates in a surprisingly aggressive fashion as the fallout from the U.S.-China trade w...
12:00 2019-08-07

Global stocks gain, yields lower after Fed signals possible rate cuts A gauge of global stock markets added to gains on Wednesday and benchmark U.S. Treasury yields and the U.S. dollar fell after the U.S. Federal Reserv...
15:00 2019-06-19

New data show risk to Democrats of fully repealing Trump tax cuts A new analysis by the Joint Committee of Taxation, which is tasked with providing the official analysis of tax policy for members of Congress, demons...
14:16 2019-06-27

Anand Mahindra Says GST Cuts and Road Tax Revision Will Help Revive Auto Industry Speaking at Mahindra Group's 73rd annual general meeting, Anand Mahindra suggested certain temporary measures that would have a positive impact on th...
12:00 2019-08-07

Growth Fears Push Investors to Renew Bets on Rate Cuts Following the worst week for stocks of 2019, investors are adding to bets that the Federal Reserve will continue lowering interest rates to stabilize...
17:00 2019-08-04

Toshiba quarterly profit jumps on cost cuts, but misses estimates Japan's Toshiba Corp reported on Wednesday a 10-fold jump in first-quarter operating profit as it stepped up cost cuts across divisions, but the pro...
11:00 2019-08-07

HDFC Bank Cuts Key Lending Rates By 10 Basis Points: Report Indian banks largely price their MCLR benchmark loan rates according to the cost of deposits. With this cut, the bank's lending rates on products lik...
15:32 2019-08-06

Emery excited by Arsenal youngsters after Nketiah cuts down Bayern Munich Bayern Munich 1-2 ArsenalLewandowski 71; Poznanski 49og, Nketiah 88Unai Emery said Arsenal’s young players will get their chances this season after E...
17:32 2019-07-18

Apple Watch cuts more ties with the iPhone in latest watchOS 6 beta VentureBeat's Jeremy Horwitz (via BGR) discovered something interesting on his Apple Watch when he installed watchOS 6 Developer beta 2 on the device...
00:32 2019-06-19

Capri cuts sales forecast as Michael Kors demand slows Capri Holdings Ltd missed quarterly revenue estimates and cut its full-year sales forecast on Wednesday, as the high-end fashion house struggled wit...
09:32 2019-08-07

Wildfires and power cuts plague Europeans as heatwave breaks records Hundreds of firefighters brought wildfires under control in southern France on Saturday as a stifling heatwave brought record-breaking temperatures t...
15:00 2019-06-29

Okinawa Cuts Prices Across Electric Scooter Range Post GST Revision Gurgaon-based Okinawa Autotech has announced a price cut across its electric scooter range post GST rate revision for electric vehicles. The Okinawa ...
08:00 2019-08-07

Samsung Reportedly Cuts Exynos Production Amid Trade Feud The launch of Samsung's next flagship - the Galaxy Note 10 - is likely to get delayed as the tech major is reportedly slowing down the production of ...
09:16 2019-07-17

UPDATE 1-Lockheed Martin says F-35 cost cuts a year ahead of plan Lockheed Martin is a year ahead of schedule with its plan to cut the cost of its F-35 A fighter jet variant to $80 million by 2020, the U.S. company ...
05:32 2019-06-13

Deutsche Bank board to meet July 7 to decide on job cuts: sources Deutsche Bank's supervisory board will meet on July 7 to discuss a major restructuring that may result in as many as 20,000 job cuts, four people wi...
20:48 2019-06-29

RBI Cuts Key Interest Rate To Lowest In 9 Years, Eases Policy Stance The six-member Monetary Policy Committee voted unanimously for a rate cut. It also switched to an accommodative bias from a neutral stance adopted in...
04:48 2019-06-06

RBI Cuts Rate To Lowest In 9 Years To Boost Growth, Loans May Get Cheaper The Reserve Bank of India's Monetary Policy Committee (MPC), led by Governor Shaktikanta Das, on Thursday unanimously lowered key lending rate or rep...
07:48 2019-06-06

UPDATE 3-Fitch cuts Boeing's debt outlook to "negative" on 737 MAX problems Fitch Ratings lowered its debt outlook for Boeing Co to "negative" from "stable" on Monday, citing regulatory uncertainty around the timing of its 73...
13:32 2019-07-22

Whiting Petroleum posts surprise quarterly loss, cuts 33% workforce Whiting Petroleum said on Wednesday it has cut its workforce by 33% after reporting a second-quarter surprise loss, hit by a drop in crude and natur...
17:32 2019-07-31

The Alaska Governor’s Proposed Budget Cuts Would Be a Disaster for US Climate Research It’s not just the Alaskan landscape that’s on fire right now. The university system could also go up in smoke if the Governor Mike Dunleavy’s propose...
18:32 2019-07-02

Biden vows to repeal Trump tax cuts on 'Day One' if he captures White House Former Vice President and current presidential candidate Joe Biden promised that on "day one" he would repeal President Trump's 2017 tax cuts and clo...
22:32 2019-06-22

Deutsche Bank staff sent home as 18,000 job cuts begin - business live Deutsche Bank staff across the globe have learned how the bank’s massive restructuring plan will affect themSummary: Job cuts as Deutsche restructure...
12:48 2019-07-08

Less is more? Inditex cuts stores but boosts space in home market Spain The list of retail casualties shutting up shop seems to grow by the month but Inditex, the world's largest clothing retailer, is still betting on its...
05:32 2019-06-20

US Catholic archdiocese cuts ties with school that refused to fire gay teacher Brebeuf Jesuit prep school was ordered to let employee go ‘because this teacher’s marital status does not confirm to church doctrine’ The Archdiocese...
07:32 2019-06-21

California utility PG&E cuts off power to some customers to reduce wildfire risk Utility PG&E Corp proactively shut off power on Saturday to around 1,600 customers in northern California and said it might expand the shutdown to te...
15:32 2019-06-08

Fed lowers interest rates as expected, leaves door open to further cuts The Federal Reserve cut interest rates on Wednesday for the first time since 2008, citing concerns about the global economy and muted U.S. inflation,...
15:32 2019-07-31

California utility cuts power to up to 27,000 customers to reduce wildfire risk Pacific Gas & Electric is under pressure to prevent fire starts after downed power lines and other company equipment have been blamed for conflagrati...
01:32 2019-06-09

Iran to announce more cuts to nuclear deal commitments on Sunday: Fars Iran's senior nuclear negotiator will announce more cuts in its commitments to a 2015 nuclear deal on Sunday, a semi-official news agency reported, a...
15:16 2019-07-06

Despite a solid economy, Fed cuts its key rate by quarter point to ward off a recession The Fed cut rates by a quarter point despite a solid economy, its first decrease since 2008. Slowing global growth and US-China trade war pose risks....
14:48 2019-07-31

Oil little changed after Federal Reserve cuts interest rates a quarter point Oil prices rose for a fifth day on Wednesday, supported by a larger-than-expected drop in U.S. inventories and investor expectations that the U.S. Fe...
14:32 2019-07-31

Deutsche Bank Scales Back Ambitions, Announcing Job Cuts and Reorganization The bank that once symbolized German economic prowess is effectively abandoning hope of playing in the same league as Wall Street banks, and struggli...
16:16 2019-07-07

U.S. Federal Reserve leaves its key rate unchanged but hints of future cuts The U.S. Federal Reserve kept its benchmark rate — which influences many consumer and business loans — in a range of 2.25 per cent to 2.5 per cent, w...
21:32 2019-06-19

Federal Reserve holds steady on rates but signals possible cuts ahead The US Federal Reserve held interest rates steady on Wednesday but signaled possible rate cuts of as much as half a percentage point over the remaind...
19:32 2019-06-19

U.S. bond market's inflation gauges rise as Fed hints at rate cuts The U.S. bond market's gauges of investors' inflation views climbed on Wednesday as the Federal Reserve signaled it may lower interest rates later th...
18:16 2019-06-19

Deutsche Bank chief rebukes executives over suit-fitting on cuts day Managers called high-end tailors to London office as thousands of traders lost jobs Deutsche Bank’s chief executive, Christian Sewing, has personally...
11:16 2019-07-12

Maruti Suzuki India Cuts Temporary Workforce By 6% As Sales Sink Maruti Suzuki said it employed 18,845 temporary workers on average during the six months ended June 30, down 6%, or 1,181 people, from the same perio...
06:16 2019-08-03

DoubleLine CEO Jeffrey Gundlach warns Fed rate cuts will not stop U.S. recession Jeffrey Gundlach, CEO of DoubleLine Capital, warned on Wednesday that rate cuts by the U.S. Federal Reserve are not going to stop recession from happ...
19:32 2019-08-14

Ex-Fed official says Trump pressure 'may have held up' rate cuts from happening sooner Gerald O'Driscoll, former vice president of the Federal Reserve Bank of Dallas, told CNBC that President Donald Trump's public pressure on ...
00:16 2019-07-12

Pride Flags and Rate Cuts: Fed Loosens Up to Connect With Average Workers As part of a broader evolution, and as it moves to stave off a possible slowdown, the Federal Reserve is focusing on transparency, inclusiveness and ...
11:16 2019-08-02

Halliburton profit beats as company cuts cost; shares rise Halliburton Co on Monday beat analysts' estimates for second-quarter profit as its largest oil-well services unit exceeded expectations, putting the...
15:00 2019-07-22

U.S. Federal reserve cuts interest rates for the first time since the financial crisis The central bank said it will act 'as appropriate' to sustain a record-long U.S. economic expansion, appearing to leave the door open for another cut...
17:16 2019-08-01

IMF Cuts Global GDP Forecast for 2019, Citing Fallout From Trade Tensions A sharp deceleration of global trade driven by ongoing trade tensions is slowing the global economy more than earlier projections, according to the l...
12:16 2019-07-23

USDA Cuts Projections for Corn Production to Four-Year Low After Wet Planting Season A key monthly report by the Agriculture Department confirmed the damage done by heavy rainfall in the Corn Belt, reducing expected corn production to...
19:32 2019-06-11

Global stock markets, bonds rally in expectation of rate cuts Record low bond yields in Europe and the expectation of further interest rate cuts by central banks worldwide helped push global stock market indices...
22:48 2019-07-03

Kyle Rudolph’s Vikings deal cuts off another Patriots’ tight end option The Patriots have consistently, and seamlessly, replaced stars since the Bill Belichick-Tom Brady dynasty began, but replacing Rob Gronkowski may be ...
18:00 2019-06-11

Global stocks gain, dollar weakens after Fed signals possible rate cuts A gauge of global stock markets strengthened on Wednesday, bolstered by gains on Wall Street, and benchmark U.S. Treasury yields and the dollar dropp...
17:16 2019-06-19

Carnival cuts 2019 profit on Cuba travel ban, higher expenses Carnival cut its profit forecast for the year on Thursday due to the Trump administration's sudden ban on cruises to Cuba and higher expenses re...
13:48 2019-06-20

S&P 500 Hits Record High As Federal Reserve Signals Rate Cuts The benchmark S&P 500 index, which has risen 7% so far in June and is on track to recoup its previous month's losses, hit an intraday record high of ...
16:32 2019-06-20

Elton John biopic 'Rocketman' previews in Russia with cuts to gay scenes Russians are unlikely to see a movie biography of British singer Elton John in its entirety when it is released this week. Media are reporting that s...
08:32 2019-06-02

China's PBOC cuts reserve ratio for banks as economy stalls China's People's Bank of China (PBOC) announced Friday that it was reducing the amount of funds banks have to hold in reserve, an effort to...
16:16 2019-09-06

Tory leadership campaigns: Gove says wealthy don't need more tax cuts - live news Rolling coverage of the day’s political developments as they happen, including nominations closing in the Tory leadership contest and four candidates...
11:16 2019-06-10

Indonesia's central bank unexpectedly cuts rate for the second time in two months Bank Indonesia cut the 7-day reverse repurchase rate by 25 basis points to 5.5.%, surprising economists who were expecting the central bank to stay o...
05:16 2019-08-22

Jets’ cuts start with 2019 draft pick Jachai Polite The draft classes of former Jets general manager Mike Maccagnan were expected to take a hit this weekend as the team makes its roster cuts, but the 2...
18:48 2019-08-31

Zimbabwe power cuts may deepen as water levels fall at Kariba Dam Zimbabwe's largest hydroelectric plant, Kariba Dam, will suspend output in 14 weeks if water levels continue to fall at the current rate, the energy ...
11:48 2019-05-30

NFL roster cuts tracker: Notable players released as teams set 53-man rosters With the preseason is complete, NFL teams had to finalize their rosters. The deadline to trim rosters to 53 players was 4 p.m. ET on Saturday.  ...
21:48 2019-08-31

Transport strife across England and Wales after widespread power cuts - as it happened Railways, airports and roads affected by outage across large parts of country. Follow the latest news 10.39pm BST We’re going to close down this live...
03:48 2019-08-10

PVH cuts profit forecast as CEO sees retail softness, shares tank PVH Corp. cut its annual profit forecast by 10 cents a share as the Calvin Klein and Tommy Hilfiger brands owner grapples with tariffs and slowing re...
08:16 2019-05-30

Wave of wildfires in Spain's Galicia cuts roads, villages evacuated Firefighters backed by over a dozen aircraft battled forest blazes raging in Spain's northwestern region of Galicia since Thursday, cutting motorways...
09:32 2019-09-06

Drake Cuts Sweaty Promo About How Raptors Fans Are Really Good At Following The Rules The Raptors beat the Milwaukee Bucks in Game 5 of the Eastern Conference Finals last night, and Drake, the Raptors’ rowdy uncle/human mascot, was not...
11:32 2019-05-24

Republicans Reject Cuts to Wall Funding, While Democrats Threaten Filibuster WASHINGTON (AP) — A Republican-controlled Senate committee on Thursday rejected Democratic attempts to cut President Donald Trump’s lates...
13:00 2019-09-13

Paris-Based Think Tank OECD Cuts Global Growth Forecast While the OECD pared back its global growth forecast for the current year, it predicted a pick-up in activity to 3.4 per cent next year. It notched u...
09:32 2019-05-21

Third Point cuts United Technologies stake after opposing Raytheon deal Hedge fund Third Point LLC said on Tuesday that it recently cut its investment in United Technologies Corp , becoming the second activist hedge fund ...
11:16 2019-08-13

Deutsche Bank plans cuts in U.S. equities, prime unit: sources Deutsche Bank is planning cuts at its U.S. equities business, including prime brokerage and equity derivatives, to win over shareholders unhappy abou...
16:32 2019-05-23

Microsoft cuts Office 2019 one-time licenses through Home Use Program Enlarge / Microsoft at a trade show. (credit: Getty Images | Justin Sullivan) Another one bites the dust. Microsoft has been shifting much of its s...
04:00 2019-08-13

Halt: In first, Trump’s ambassador to Germany requests $0 more in budget, cuts spending Richard Grenell, the U.S. ambassador to Germany and an ardent supporter of President Trump’s agenda, has broken the long practice of embassies seekin...
11:32 2019-05-21

Fuzzy jobs data is a weak argument for interest rate cuts Everybody seems to agree that last Friday’s employment report was a loser. And because only 130,000 new jobs were created in August, nobody would dis...
23:48 2019-09-09

Nancy Pelosi warns cuts in foreign aid could jeopardize budget deal Speaker Nancy Pelosi is warning the Trump administration that a White House proposal to cut billions of dollars in foreign aid could imperil a recent...
18:48 2019-08-18

US cuts funds for ‘anti-propaganda’ Iran group that trolled activists The Iran Disinformation Project was funded by a state department group created to counter foreign propagandaThe US state department has cut off fundi...
19:48 2019-05-31

Dead man with cuts to wrist and chest found hog tied in Bronx apartment A dead man with slashes to his chest and wrists was found tied up in a Bronx apartment building on Friday evening, police said. A resident of the bui...
02:48 2019-09-14

Students protest across Brazil over Jair Bolsonaro's sweeping cuts to education From Amazon cities to small towns in the deep south, demonstrators turned out to condemn funding cutsTens of thousands of students, academics and tea...
07:16 2019-05-31

U.S. cuts vaping-related illness total under refined case definition U.S. health officials on Thursday cut the number of lung illnesses linked to e-cigarettes and vaping products under investigation to 380 as states be...
13:00 2019-09-13

Automakers Demand Tax Cuts, Analysts Slash Forecasts As Sales Plummet Data from Tata Motors and Mahindra & Mahindra, which together account for about two-thirds of the commercial vehicles market, show that sales of truc...
12:16 2019-09-02

Gujarat Government Makes Massive Cuts In Fines Under New Motor Vehicles Act The BJP-ruled Gujarat government on Tuesday announced a drastic cut in the penalties for traffic violations even as the Centre is justifying the stee...
08:48 2019-09-11

European Central Bank cuts interest rates for first time since 2016 The European Central Bank (ECB) has cut interest rates for the first time since 2016, while introducing a sweeping stimulus package in an attempt to ...
09:32 2019-09-12

FCC Cuts Bogus Data From Yearly Broadband Report, Acts Like Nothing Happened You know what they say, tens of millions of broadband users here, tens of millions of broadband users there, sooner or later it starts to add up to s...
19:16 2019-05-29

'Night in the Woods' studio cuts ties with co-founder Alec Holowka The team behind the popular indie adventure game Night in the Woods has cut ties with game developer Alec Holowka following allegations of harassment...
22:32 2019-08-28

Tech Stocks Sink After Google Cuts Huawei Off Android Support Selling was especially heavy among semiconductor stocks, as investors grappled with the prospect that the administration order cuts off the flow of c...
19:32 2019-05-21

Daimler's Zetsche bows out pledging cost cuts to boost profit Daimler said its target remains to return Mercedes-Benz Cars, which includes the Mercedes brand and Smart, and Mercedes-Benz Vans to a "profitability...
07:16 2019-05-22

Cathay Pacific freezes new hiring, to focus on cost cuts: memo Cathay Pacific Airways Ltd has put a freeze on new hiring, according to an internal memo seen by Reuters, as the airline battles a slump in demand f...
23:32 2019-09-11

Trump’s Refugee Cuts Threaten Deep Consequences at Home and Abroad Sure, countries take in people displaced by warfare out of humanitarian concerns. But they also have a more practical goal: preventing still-worse co...
09:16 2019-09-11

SAS eyes more cost cuts as third-quarter profits are hit by fuel prices, strike Scandinavian airline SAS said on Tuesday it would look at additional cost-cutting measures beyond 2020 after reporting a drop in third-quarter earnin...
12:48 2019-08-27

Jonas Brothers concert cuts short, leaving Toronto fans confused The Jonas Brothers left thousands of their Toronto fans feeling cheated after ending their Friday concert early due to "an unforeseen technical diffi...
01:32 2019-08-25

Deutsche Bank forecasts another 100 basis points of Federal Reserve rate cuts Deutsche Bank said on Tuesday that it now forecasts another 100 basis points of rate cuts and see growth falling to below 1.5% by mid-2020, assuming ...
19:48 2019-09-10

EMERGING MARKETS-Trade talks, hopes for rate cuts boost stocks Emerging-market stocks rallied for a third straight day and currencies gained on Thursday, amid signs of progress in U.S-China trade talks and signal...
06:16 2019-06-20

Stocks hit new highs on hopes of US-China trade truce and prospect of Fed rate cuts The S&P 500 index set a new record Thursday on a strong signal that the Fed could cut interest rates and on hopes for a trade war truce.  ...
18:16 2019-06-20

Madhya Pradesh Officials Blame Bats For Power Cuts, BJP Attacks Congress As Madhya Pradesh continues to reel under frequent and unscheduled power cuts, officials of the state electricity company are holding bats responsibl...
04:16 2019-06-22

Softbank’s ARM cuts ties with Huawei, leaving future chip production in doubt Enlarge (credit: Getty Images) It looks like Huawei is not just being shunned by the US, but now, the world! According to a report from the BBC, AR...
12:16 2019-05-22

Home Depot Cuts Sales Forecast, Posts Slightly Lower Profit Home Depot lowered its sales forecast, warning that rising material costs and the potential effects of tariffs on U.S. consumers could weigh on growt...
14:16 2019-08-20

Amazon-owned Whole Foods cuts medical benefits for part-time workers Not all is well with Whole Foods in the Amazon era. The grocery chain has confirmed to Business Insider that it's cutting medical benefits for ...
05:32 2019-09-14

Malaysia's AirAsia cuts Airbus A330neo order plans, adds A321XLR Malaysia's flagship budget airline AirAsia Group Bhd slashed its plans for Airbus SE A330neo orders by nearly two-thirds to 12, but said it would o...
06:00 2019-08-30

No budget deal reached as spending cuts, debt ceiling threaten economy Congressional leaders and the Trump administration left a critical meeting on Wednesday still with no budget agreement, deadlocked over how much to r...
17:32 2019-06-19

Union Pacific cost cuts sheltered profit amid freight slowdown Union Pacific Corp on Thursday reported a quarterly profit that beat Wall Street estimates, as the U.S. railroad operator cut costs and raised rates...
15:32 2019-07-18

UPDATE 1-Campbell's profit beats estimates on cost cuts, shares rise U.S. food company Campbell Soup Co reported better-than-expected fourth-quarter profit, benefiting from cost cuts, sending shares up 5% before the be...
10:00 2019-08-30

Federal Reserve expresses concern about U.S. economy and signals interest rate cuts are likely President Trump has urged the Fed to cut interest rates for months. Nearly half of Fed leaders predict there will be a rate cut by the end of the yea...
00:32 2019-06-20

Tiffany Cabán cuts Melinda Katz’s lead to just 16 votes in Queens DA race Lefty insurgent Tiffany Cabán cut party favorite Melinda Katz’s lead in the neck-and-neck Democratic primary race for Queens District Attorney ...
18:32 2019-07-05

Ninja cuts deal to launch multiple gamer advice and culture books Ninja's agent Loaded has cut a deal to publish multiple books and merchandise with Clarkson Potter and Ten Speed Press, two imprints of Random House....
21:48 2019-06-19

CORRECTED-UPDATE 2-Abercrombie & Fitch cuts full-year sales forecast (Aug. 29) Abercrombie & Fitch Co cut its full-year sales forecast on Thursday after missing Wall Street estimates for the second quarter, as the U.S. apparel r...
08:00 2019-08-30

Deutsche Bank, Amid Job Cuts, On Biggest Bout Of Hiring In India In Years Deutsche Bank started its India operations in 1980 and now has about 1,800 employees in businesses including retail and wholesale banking, investment...
04:48 2019-08-27

Deere cuts full-year earnings forecast after profits miss estimates Deere & Co.'s third-quarter earnings on Friday missed Wall Street estimates, hurt by the U.S.-China trade war that has dented the demand for farm eq...
08:00 2019-08-16